{"product_id":"ordinary-people-extraordinary-profits-isbn-9780471723998","title":"Ordinary People, Extraordinary Profits","description":"David Nassar delivers a complete and proven system for aggressively and successfully trading in today's markets in \u003ci\u003eOrdinary People, Extraordinary Profits\u003c\/i\u003e. He explains the fundamentals of technical analysis and risk management, giving you a solid foundation to approach the market, and then describes a variety of trading strategies that will help you make consistently large profits without undue risk. Unlike other trading advisors who advocate a single approach to trading, Nassar provides a variety of strategies you can choose. In addition, he explains how to use new trading instruments such as E-Mini contracts, options, and exchange-traded funds. If you're looking for a complete, proven system for aggressively trading the stock market, this book is an ideal guide.  Preface.  \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003eINTRODUCTION.\u003c\/p\u003e \u003cp\u003eTrade the Professional Way.\u003c\/p\u003e \u003cp\u003eRide the Statistical Edge . . . Like Betting Seven in Craps.\u003c\/p\u003e \u003cp\u003eMaster the Inner Game.\u003c\/p\u003e \u003cp\u003eCHAPTER 1 Foundational Analysis.\u003c\/p\u003e \u003cp\u003eCharts.\u003c\/p\u003e \u003cp\u003eTwo Types of Analysis.\u003c\/p\u003e \u003cp\u003eWhat Exactly Is Technical Analysis?\u003c\/p\u003e \u003cp\u003eThe Four-Stage Theory.\u003c\/p\u003e \u003cp\u003eStage 1: Accumulation.\u003c\/p\u003e \u003cp\u003eStage 2: Markup.\u003c\/p\u003e \u003cp\u003eStage 3: Distribution.\u003c\/p\u003e \u003cp\u003eStage 4: Decline.\u003c\/p\u003e \u003cp\u003eSupport and Resistance.\u003c\/p\u003e \u003cp\u003eDefinitions of Support and Resistance.\u003c\/p\u003e \u003cp\u003eOnce Broken, Support Tends to Act as Resistance.\u003c\/p\u003e \u003cp\u003eOnce Broken, Resistance Tends to Act as Support.\u003c\/p\u003e \u003cp\u003eThe More Often Support or Resistance Is Tested, the More Likely That Level Is to Fail to Hold Back Price Movement.\u003c\/p\u003e \u003cp\u003eThe Longer the Trend Has Been Neutral (Consolidating), the More Significant the Eventual Breakout Becomes.\u003c\/p\u003e \u003cp\u003eTrends.\u003c\/p\u003e \u003cp\u003eTrading Volume.\u003c\/p\u003e \u003cp\u003eMoving Averages.\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Risk Management.\u003c\/p\u003e \u003cp\u003eDiscipline—The Key to Trading Success.\u003c\/p\u003e \u003cp\u003eDiscipline Perspectives.\u003c\/p\u003e \u003cp\u003eAvoid Trading with Scared Money.\u003c\/p\u003e \u003cp\u003eTerra Nova Trade Evaluator.\u003c\/p\u003e \u003cp\u003eYour Goal: To Trade without Emotion.\u003c\/p\u003e \u003cp\u003ePlan Your Trade and Trade Your Plan with Risk-Reward Ratios.\u003c\/p\u003e \u003cp\u003eSetting Stops—Overview.\u003c\/p\u003e \u003cp\u003eOverall Protective Stop Guidelines.\u003c\/p\u003e \u003cp\u003eProtective Stops and Trading Time Frames.\u003c\/p\u003e \u003cp\u003ePercentage of Price Stops.\u003c\/p\u003e \u003cp\u003eTime Stops.\u003c\/p\u003e \u003cp\u003eAvoid This Mistake.\u003c\/p\u003e \u003cp\u003eRealTick® Can Help.\u003c\/p\u003e \u003cp\u003eRisk Management and Trading with the News.\u003c\/p\u003e \u003cp\u003eRisk Management and Share Size.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 3 Basic Chart Formations.\u003c\/p\u003e \u003cp\u003eTime Frames.\u003c\/p\u003e \u003cp\u003eWeekly Charts.\u003c\/p\u003e \u003cp\u003eDaily Charts.\u003c\/p\u003e \u003cp\u003eIntraday Charts.\u003c\/p\u003e \u003cp\u003eSixty-Minute Charts.\u003c\/p\u003e \u003cp\u003eTen-Minute Charts.\u003c\/p\u003e \u003cp\u003eInterpreting Chart Patterns.\u003c\/p\u003e \u003cp\u003eReversal Patterns.\u003c\/p\u003e \u003cp\u003eHead and Shoulders Chart Formation.\u003c\/p\u003e \u003cp\u003eLong Base and Saucer Formations.\u003c\/p\u003e \u003cp\u003eSaucer Bottoms and Tops.\u003c\/p\u003e \u003cp\u003eCup and Handle Formation.\u003c\/p\u003e \u003cp\u003eBull and Bear Traps.\u003c\/p\u003e \u003cp\u003eContinuation Patterns.\u003c\/p\u003e \u003cp\u003eRectangle (Box).\u003c\/p\u003e \u003cp\u003eFlags and Pennants.\u003c\/p\u003e \u003cp\u003eTriangles.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 4 Going Short.\u003c\/p\u003e \u003cp\u003eFinding Shorting Opportunities.\u003c\/p\u003e \u003cp\u003ePrice\/Earnings Ratio Imbalance.\u003c\/p\u003e \u003cp\u003eGap Openings.\u003c\/p\u003e \u003cp\u003eThe Loaded Spring.\u003c\/p\u003e \u003cp\u003eDay-Trading “Tape Resistance”.\u003c\/p\u003e \u003cp\u003eThe Short Squeeze (Be Cautious).\u003c\/p\u003e \u003cp\u003eMargin Accounts.\u003c\/p\u003e \u003cp\u003eThe Federal Reserve Board’s Regulation T.\u003c\/p\u003e \u003cp\u003eOpening a Margin Account.\u003c\/p\u003e \u003cp\u003eCalculating Initial Requirements.\u003c\/p\u003e \u003cp\u003eExcess Equity.\u003c\/p\u003e \u003cp\u003eCalculating Maintenance Requirements.\u003c\/p\u003e \u003cp\u003eMinimum Maintenance Requirements.\u003c\/p\u003e \u003cp\u003eChange in Market Value.\u003c\/p\u003e \u003cp\u003eShort Sales and Margin Requirements.\u003c\/p\u003e \u003cp\u003eNASD\/NYSE Minimum Deposit on Short Sales.\u003c\/p\u003e \u003cp\u003eMargin Maintenance Calls on Short Sales.\u003c\/p\u003e \u003cp\u003eShorting-against-the-Box.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Other Trading Vehicles.\u003c\/p\u003e \u003cp\u003eWhat Is an E-Mini S\u0026amp;P 500 Contract?\u003c\/p\u003e \u003cp\u003eE-Mini Symbols.\u003c\/p\u003e \u003cp\u003eInitial and Maintenance Margin Requirements.\u003c\/p\u003e \u003cp\u003eTreatment of Settlement.\u003c\/p\u003e \u003cp\u003eThe E-Mini Contract versus the Pit-Traded Contract.\u003c\/p\u003e \u003cp\u003ePrice and Percentage Limits.\u003c\/p\u003e \u003cp\u003eSingle-Source Liquidity.\u003c\/p\u003e \u003cp\u003eE-Mini Standard \u0026amp; Poor’s 500 as a Hedge.\u003c\/p\u003e \u003cp\u003eTax Advantages with the E-Mini.\u003c\/p\u003e \u003cp\u003eThe E-Mini Nasdaq 100.\u003c\/p\u003e \u003cp\u003eChicago Board of Trade Mini-Dow Futures Use $5 Multiplier.\u003c\/p\u003e \u003cp\u003eWho Regulates Futures Trading?\u003c\/p\u003e \u003cp\u003eProgram Trading and Fair Value.\u003c\/p\u003e \u003cp\u003ePredicting the Opening.\u003c\/p\u003e \u003cp\u003eHow to Calculate Fair Value.\u003c\/p\u003e \u003cp\u003eWhat about Exchange-Traded Funds?\u003c\/p\u003e \u003cp\u003eThe QQQQs.\u003c\/p\u003e \u003cp\u003eE-Mini Is Hard to Beat.\u003c\/p\u003e \u003cp\u003ePut and Call Options.\u003c\/p\u003e \u003cp\u003eA Brief History.\u003c\/p\u003e \u003cp\u003ePuts and Calls and Standardized Options.\u003c\/p\u003e \u003cp\u003eShares per Option.\u003c\/p\u003e \u003cp\u003ePricing.\u003c\/p\u003e \u003cp\u003eSymbology.\u003c\/p\u003e \u003cp\u003eSettlement.\u003c\/p\u003e \u003cp\u003eIn-the-Money or Out-of-the-Money.\u003c\/p\u003e \u003cp\u003eRights versus Obligations.\u003c\/p\u003e \u003cp\u003eOpening and Closing Transactions.\u003c\/p\u003e \u003cp\u003eOpen Interest.\u003c\/p\u003e \u003cp\u003eOpening Rotation.\u003c\/p\u003e \u003cp\u003eOption Positions.\u003c\/p\u003e \u003cp\u003eLong Stock.\u003c\/p\u003e \u003cp\u003eShort Stock.\u003c\/p\u003e \u003cp\u003eLong Call.\u003c\/p\u003e \u003cp\u003eShort Call.\u003c\/p\u003e \u003cp\u003eLong Put.\u003c\/p\u003e \u003cp\u003eShort Put.\u003c\/p\u003e \u003cp\u003eConversions, Reversals, and Synthetics.\u003c\/p\u003e \u003cp\u003eThe Greeks and Delta Value.\u003c\/p\u003e \u003cp\u003ePosition Delta.\u003c\/p\u003e \u003cp\u003eGamma.\u003c\/p\u003e \u003cp\u003ePosition Gamma.\u003c\/p\u003e \u003cp\u003eLong\/Positive Gamma.\u003c\/p\u003e \u003cp\u003eShort\/Negative Gamma.\u003c\/p\u003e \u003cp\u003eOmega.\u003c\/p\u003e \u003cp\u003eVega.\u003c\/p\u003e \u003cp\u003eTheta.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Trading Strategies.\u003c\/p\u003e \u003cp\u003eThe Profiler’s-Systems Trading.\u003c\/p\u003e \u003cp\u003ePricing Puts\/Calls—A Strategy You Can Use.\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Indicators and Oscillator.\u003c\/p\u003e \u003cp\u003eStochastics.\u003c\/p\u003e \u003cp\u003eStochastics—Interpretation.\u003c\/p\u003e \u003cp\u003eRelative Strength Index.\u003c\/p\u003e \u003cp\u003eARMS Index.\u003c\/p\u003e \u003cp\u003eUsing the TRIN.\u003c\/p\u003e \u003cp\u003eFibonacci Retracements.\u003c\/p\u003e \u003cp\u003eCHAPTER 8 Traditional Pivot Analysis.\u003c\/p\u003e \u003cp\u003eThe Pivot Formula.\u003c\/p\u003e \u003cp\u003eThe Pivot in Action.\u003c\/p\u003e \u003cp\u003eCalculating Pivots.\u003c\/p\u003e \u003cp\u003eChoosing the Right Data for Calculations. \u003c\/p\u003e \u003cp\u003eThe Area between R1 and S1.\u003c\/p\u003e \u003cp\u003eIllustrating Pivot Lines on RealTick.\u003c\/p\u003e \u003cp\u003eArchiving Pivot Levels.\u003c\/p\u003e \u003cp\u003ePivotal Psychology.\u003c\/p\u003e \u003cp\u003ePaper Trading.\u003c\/p\u003e \u003cp\u003eStrategy and Money Management.\u003c\/p\u003e \u003cp\u003eLining Up Levels on Multiple Time Frames.\u003c\/p\u003e \u003cp\u003eTrading a Confluence Zone.\u003c\/p\u003e \u003cp\u003eSwing Trading with Confluence Areas.\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Planning and Staying on Track.\u003c\/p\u003e \u003cp\u003eWhat Is Your Time Commitment?\u003c\/p\u003e \u003cp\u003eHow Will You Fund Your Trading Account?\u003c\/p\u003e \u003cp\u003eWhat Style of Trading Will You Pursue?\u003c\/p\u003e \u003cp\u003eWhat Are Your Profit Objectives?\u003c\/p\u003e \u003cp\u003eHow Will You Manage Your Profits?\u003c\/p\u003e \u003cp\u003eDo You Evaluate All Your Trades?\u003c\/p\u003e \u003cp\u003eAre You Keeping a Journal?\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eCHAPTER 10 Your Path to Success.\u003c\/p\u003e \u003cp\u003eWhere to Next?\u003c\/p\u003e \u003cp\u003eSummary.\u003c\/p\u003e \u003cp\u003eAppendix: MarketWise Tools—Routes to Success.\u003c\/p\u003e \u003cp\u003eMarketWise Web Site Resources.\u003c\/p\u003e \u003cp\u003eTuning to the Market Intraday.\u003c\/p\u003e \u003cp\u003eGlossary.\u003c\/p\u003e \u003cp\u003eBibliography and Exchange Contact Information .\u003c\/p\u003e \u003cp\u003eExchange Contact Information.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \u003cb\u003eDavid S. Nassar\u003c\/b\u003e is founder and CEO of MarketWise.com, LLC, and a pioneer in electronic trading. He has been seen on CNBC, NBC Nightly News, and CNN, and interviewed in numerous national publications, including the \u003ci\u003eWall Street Journal\u003c\/i\u003e, \u003ci\u003eBusinessWeek\u003c\/i\u003e, and \u003ci\u003eForbes\u003c\/i\u003e. Nassar is also a \u003ci\u003eNew York Times\u003c\/i\u003e bestselling author.  No one cares more about your money than you do. Even when using qualified investment advisors, mutual funds, and stockbrokers, having the skills to manage and monitor your assets is vital. Therefore, whether you take complete responsibility for your trading and investing decisions or oversee professionals you hire to do it for you, understanding the market is one of the wisest decisions you can make.  \u003cp\u003eAs founder and CEO of the highly acclaimed MarketWise.com, bestselling author David Nassar has educated and mentored thousands of traders and investors from around the world to achieve financial freedom and success. Filled with valuable trading insights drawn from Nassar's renowned MarketWise Foundational Analysis course, Ordinary People, Extraordinary Profits shares the lessons of his success and that of Wall Street pros—who have prospered in nearly every conceivable stock market environment—and reveals the ideas, methods, and techniques needed for successfully trading in any market. So whether you are, or want to be, a short-term stock trader or long-term investor, the in-depth insights and proven tools contained within this book can give you the statistical and psychological edge to beat the Street—consistently!\u003c\/p\u003e \u003cp\u003eOrdinary People, Extraordinary Profits provides you with a solid trading and investing foundation by explaining the key aspects of fundamental and technical analysis—including risk management. Unlike other trading guides that advocate a single approach to trading, Ordinary People, Extraordinary Profits offers a wide variety of trading strategies and instruments, and lets you tailor your strategy to any trading time horizon.\u003c\/p\u003e \u003cp\u003eFrom the basics to the complex, Nassar reveals what you need to make it as an independent trader and investor, including:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eThe discipline of foundational analysis, a proprietary method that holds that only a few key variables—price, volume, time, and velocity—are needed to fully comprehend the essence of stock (options and futures) price fluctuations\u003c\/li\u003e \u003cli\u003eChart patterns that measure market psychology—that few people ever see\u003c\/li\u003e \u003cli\u003eProven proprietary technical indicators—using the MarketWise \"Profiler\" techniques, scanning the market for \"honest\" trends will immediately highlight your trading while also eliminating market noise\u003c\/li\u003e \u003cli\u003eProfitable trading strategies and concepts—algorithmic trading with technology, pairs trading, hedging using options, momentum trading, swing trading, and short selling like a pro\u003c\/li\u003e \u003cli\u003eImportant trading vehicles other than stocks— E-Mini contracts, options, and exchange-traded funds (ETFs)\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAs you progress through Ordinary People, Extraordinary Profits, not only will you discover how to trade more profitably, you will also gain the confidence to make the right decisions at the right time to reduce risks and maximize gains—and ultimately, this is what will make you a better trader and investor.\u003c\/p\u003e  Praise for Ordinary People, Extraordinary Profits  \u003cp\u003e\"Traders who want to take years off their learning curve and harness the latest technological advances will greatly benefit from the market insights provided by this comprehensive study guide.\"\u003cbr\u003e —Stuart Townsend, founder\/President, Townsend Analytics, Ltd., developers of RealTick®\u003c\/p\u003e \u003cp\u003e\"Dave Nassar lays out a clear road map for those who commit themselves to the road to trading success. He clearly explains the variety of tradeable equities and derivatives, then goes on to show the reader how to interpret charts and technical indicators. It's not just a pile of numbers and graphs though—Nassar delves into the psychology of trading as well as the nuts and bolts.\"\u003cbr\u003e —Theresa Carey, Barron's\u003c\/p\u003e \u003cp\u003e\"Ordinary People, Extraordinary Profits is a pretty ambitious title, but Nassar carries it off. Easy to read and easy to follow, this book covers the waterfront from the emotional demons of trading to charts and strategies. A must-read for the serious trader and trader-to-be.\"\u003cbr\u003e —Gail Osten, Executive Editor, SFO magazine\u003c\/p\u003e \u003cp\u003e\"Ordinary People, Extraordinary Profits is an easy-to-read compilation of how to make money in the stock market. I have known David for many years, and this is a rare opportunity for anyone interested in making money in the stock market!\"\u003cbr\u003e —Bill Lupien, professional trader, specialist, and market maker for more than forty years, former chairman\/CEO, Instinet\u003c\/p\u003e \u003cp\u003e\"As founder of Traders' Library, I have spent my career analyzing traders, authors, and quality educational products for the trading and investing space, and I can tell you that the content of this course book is worth far more than the cover price. This book affords the rare opportunity to gain a unique edge in the market.\"\u003cbr\u003e —Chris Myers, President, Traders' Library\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989725888741,"sku":"NP9780471723998","price":54.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471723998.jpg?v=1761785263","url":"https:\/\/k12savings.com\/products\/ordinary-people-extraordinary-profits-isbn-9780471723998","provider":"K12savings","version":"1.0","type":"link"}